Wall Street Community Live: ETF and BTC Trading Ideas Today. Detailed explanation of the use of indicators, so that even beginners can immediately become traders

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/7277739262 Hello everyone, I am Teacher Feifei, the lecturer for this session. Continue to analyze daily market trends and indicator usage Based on the market situation in recent days, Ethereum is in a short-term correction phase, with the lowest price still falling to the 4262 level and currently hovering around 4330. Taking into account the four hour line, it has been consistently at the 4330 level from September 1st to September 10th, indicating that it is a relatively large chip intensive area. This means that it will continue to attract chips back and forth near the current level. But the market still has a positive expectation for the medium to long term prospects. Market Dynamics Analysis ——Technical aspect: From a technical analysis perspective, Ethereum's short-term moving average is currently showing a bearish trend, with prices falling below the daily level support of the EMA30 moving average. As for what EMA is and how to use it, we will explain it in detail later. 4230 is a widely concerned support level in the market, and it is also a daily level EMA60, which indicates that the support level below 4230 is very strong. However, if it is effectively breached and stabilized, it may further drop to around 4180, which is the pressure and support of the next box ——Capital inflow: In terms of funds, a significant change is the net outflow of funds from Ethereum spot ETFs. Among them, Fidelity's FETH had a net outflow of approximately $30.26 million per day, while BlackRock's ETHA still had a net inflow of $39.29 million. This indicates that there are differences between institutions and investors, but overall, the total assets of the Ethereum ETF remain at a high level of $29.9 billion. ——Market expectation: Despite the short-term adjustment in the current market, in my opinion, we still need to hold an optimistic attitude. The pullback of Ethereum is likely to end before October 11th, which is tomorrow, and it is expected to restart the upward trend after gaining support from 4230-4330. Overall, Ethereum is currently in a game of short-term adjustment and long-term optimism, and it is obvious that it still needs to absorb more chips. ——But in my opinion, Ethereum is expected to hit the target level of $5500 in the long term, and the large total asset size of ETFs also indicates that institutions still have long-term confidence in Ethereum. Make unilateral reference: ——Multiple orders can be placed within the range of 4230-4260, with the stop loss point set at 4200 ——The range of 4430-4450 can be taken short appropriately, and the stop loss should be placed around 4470 What about Ethereum? Next, let's talk about Bitcoin ——Bitcoin, as a major player in the market, drives most of the overall market. After reaching a new high, Bitcoin is currently in a short-term correction and volatile recovery phase. Although the overall trend is not much different from Ethereum, it is also important to pay attention to whether there is any inflow or outflow of funds. ——Bitcoin is facing technical selling pressure as it breaks through 126000. Currently, the strong support level of 121500 has been lost, but it has now become effective pressure instead of support. Therefore, the short-term trend of Bitcoin is bearish. ——In terms of market sentiment, the trading volume has not been effectively coordinated, the buying power is lacking, and the market initiative is still under the control of the Air Force ——Financial Trends: Despite short-term market adjustments, the long-term trends of institutional funds still deserve our attention. Data shows that US spot Bitcoin ETFs have experienced significant net inflows of funds in the past few days, totaling over 1.6 billion US dollars. Among them, BlackRock's IBIT fund has officially entered the top 20 ETFs with the largest asset size in the United States, which fully reflects the long-term confidence of traditional financial markets in cryptocurrencies ——If we are making unilateral decisions, we refer to the support level of 119000-119500. If it falls below this range, it means that the daily EMA7 and 4-hour EMA60 have successfully broken through and stabilized, and the next major level of support will be at 117500, which is the 4-hour EMA144 and daily EMA30 levels ——In terms of pressure, we can first refer to the pressure levels of the lower levels. If we look at the lower levels when walking, we can see that the current pressure has been fluctuating back and forth between the hourly line EMA144 and 200. If we hit the hourly line EMA144 multiple times, it will bounce back. Therefore, EMA144 is an effective pressure. Next is the upper EMA99, followed by the two front high positions. As for the overall idea, it is recommended to have more low levels and find the support of the lower levels. Personally, I suggest placing multiple orders around 119000-120000, with a target of 122500-123000 The above is today's market analysis and trading strategy. Now let's start explaining the indicators that I usually use the most and are most effective for beginners as a reference Tencent Meeting Live: 7277739262 DingTalk Group Number: 120320009032 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.